India BOPP Films News

Recent industry report about India BOPP Films company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ India BOPP Films Market industry experts.

India BOPP Films News

  • March 2024: Toppan, along with India-based Toppan Speciality Films (TSF), collaborated to create GL-SP, a barrier film utilizing biaxially oriented polypropylene (BOPP) as its substrate. Production and sales of GL-SP were scheduled to commence in April 2024. This innovative product is part of Toppan Group's GL BARRIER1 series, known for its transparent vapor-deposited barrier films that are widely recognized in the global market.
  • December 2023: Cosmo Films introduced metalized BOPP films specifically designed for capacitor applications. These films are utilized in the production of a wide range of AC and DC capacitors. The metalized capacitor-grade films are produced in a controlled clean room environment, featuring micro slitting capabilities and thickness options ranging from 2.5 to 12 microns.
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  • March 2024: SCREEN Europe partnered with Two Sides, a prominent print and paper advocacy group based in the United Kingdom. By aligning with Two Sides, SCREEN Europe underscored its commitment to championing the importance of print, paper, and paper packaging. Together, they aim to highlight these mediums as essential components of the media industry and as sustainable solutions for packaging and product protection.
  • February 2024: Mondi increased the production of its paper-based EcoWicketBags to cater to the increased need for eco-friendly packaging in the home and personal care industries. These bags, crafted from renewable materials, align with the 4evergreen guidelines, ensuring they can be easily recycled in standard European paper mills. Notably, Europe boasts an impressive 82% recycling rate for paper-based packaging. By offering these EcoWicketBags, Mondi is expected to empower HPC industry players to align with their sustainability targets and embrace the circular economy ethos.
  • April 2024: International technology group ANDRITZ secured an order from PT Pabrik Kertas Indonesia (PT Pakerin). PT Pakerin, based in Surabaya, Indonesia, specializes in producing industrial paper and diverse packaging materials for both industrial and consumer goods. ANDRITZ will modernize two existing OCC (old corrugated containers) lines at PT Pakerin's mill. This modernization aims to enhance pulp quality, enabling the production of more competitive products.
  • March 2024: In a move toward sustainability and in alignment with the Indonesian government's push for low-carbon development, APP Group and Garuda Indonesia forged a strategic partnership. This collaboration underscores their commitment to sustainable practices and bolsters the government's initiative to reduce plastic waste. As part of this alliance, Garuda Indonesia will incorporate a range of eco-friendly packaging products in its in-flight services. This includes cutlery and food and beverage packaging, utilizing paper materials sourced from Enza and Foopak. These specially designed paper materials aim to minimize environmental impact and curtail reliance on single-use plastics.
  • June 2024: Unilever PLC, a British fast-moving consumer goods company, announced a USD 16 million investment in a new factory line for Hellmann's in Brazil. This move aims to meet the surging demand for tomato sauce in squeeze bottles across the country. The investment is set to bolster the production capacity of Unilever's recyclable tomato ketchup squeeze bottles.
  • March 2024: SIG Group, a Swiss manufacturer, forged a strategic alliance with DPA Brasil, a prominent Brazilian dairy firm. Their goal was to roll out spouted pouch packaging for DPA Brasil's Chamyto yogurt brand. The innovative pouch boasted a SIG CloverCap closure and utilized SIG Prime 120 filling equipment, ensuring a durable yet lightweight design that is appealing to consumers.
  • January 2024: SGD Pharma, one of the leaders in molded glass primary packaging for pharmaceuticals, unveiled a new siliconization facility at its cutting-edge Saint-Quentin Lamotte (SQLM) plant in France. This move bolsters its suite of in-house services, ensuring swifter responses, strengthened supply security, and greater flexibility in vial sizes. By applying a micro-layer silicone coating to their containers, SGD Pharma creates a protective barrier. This barrier reduces interactions between the drug and its packaging and safeguards the integrity of sensitive therapeutic products.
  • October 2024: Stoelzle Pharma, a premium primary packaging glass manufacturer, unveils its latest innovation: the PharmaCos Line. This new line, which is tailored for wellness and healthcare, debuted at CPHI Barcelona and will feature an array of amber glass jars spanning from 5ml to 500ml, all sporting a screw neck design. Complementing these are flat-shoulder bottles, in sizes from 20ml to 150ml, available in both amber and flint glass.
  • May 2024: France's Arkema agreed to acquire Dow's flexible packaging laminating adhesives business, a producer in the sector. This acquisition is poised to bolster Arkema's existing portfolio significantly, propelling the company into a prominent position within the lucrative flexible packaging market. Dow's business, known for its high-quality offerings, caters broadly to the food and medical sectors, highlighting the efficiency and versatility of flexible packaging.
  • April 2024: International food and drink group Princes agreed on a landmark partnership agreement with Capri-Sun Group Holding AG to produce over 250 million Capri-Sun juice pouches annually at the group’s production facility in Bradford. Production will begin in autumn 2024, and all lines will be fully operational by Spring 2025. Princes operates across Europe, including France and other regions.
  • May 2024: PT United Harvest Indonesia, a prominent Indonesian food processor, entered the Chinese snack food market by introducing a line of shrimp crackers. Headquartered in Jakarta, the company rolled out its 'Deep Ocean Treasure' brand of dried shrimp snacks, targeting retailers in northern China. Indonesia, benefiting from duty-free privileges in China as an ASEAN member, became a key provider of primary goods to its top trading partner, China. 
  • August 2023: PepsiCo, the US snacks and beverages giant, was expected to resume snack production in Indonesia, marking a return after exiting a previous joint venture in the country two years ago. Breaking ground in Cikarang, West Java, PepsiCo started the construction of a new production facility. The company announced a substantial long-term commitment of USD 200 million, emphasizing its dedication to developing the Indonesian market.
  • June 2024: Crocco (SpA SB), a flexible packaging company, and Versalis, Eni's chemical company, launched a partnership to produce food packaging film made from raw materials partly derived from the recycling of post-consumer plastics. The partnership targets mass production for the large-scale retail market. Versalis' product, Balance, is the crucial ingredient in the packaging, enabling the creation of a recycled film specifically designed for food contact. This film upholds the necessary technical performance standards and ensures the health properties vital for food packaging.
  • April 2024: Flow Materials launched a new range of flexible packaging adhesives. Flow Materials launched its latest range of solvent-free, water-based adhesive solutions as a sustainability-minded asset for flexible packaging. The company collaborates with clients in Italy and other countries to revolutionize supply chain dynamics. The company focuses on adhesive supply for flexible packaging converters.
  • June 2024: EXPO Pack Mexico 2024 marked a historic milestone as Latin America's largest packaging and processing trade show. The expo had more than 20,000 packaging and processing buyers over 40 verticals and featured 700 exhibitors. The event featured nine international pavilions from Brazil, Canada, China, France, Italy, Spain, Taiwan, Turkey, and the United States.
  • September 2023: Sonoco Products Company, a US-based entity, finalized its acquisition of RTS Packaging. This strategic move broadened Sonoco's reach and integrated a network of 15 facilities and a substantial workforce across the United States, Mexico, and Latin America.
  • January 2024: INDEVCO Flexible Packaging, a US company, participated in the Cairo-held Egypt International Exhibition Center expo. At the expo, the company highlighted its brand, MicroMb, focusing on bolstering its regional presence.
  • July 2023: Napco National, a Saudi Arabian packaging giant, announced the acquisition of Rotopak, a prominent UAE packaging company. This strategic acquisition was expected to bolster Napco National's product portfolio and solidify its market presence across the Middle East.
  • November 2023: At the CPHI India exhibition, Berry Global highlighted its dedication to pioneering patient-centric packaging, dispensing solutions, and drug delivery devices tailored for India and the broader Southeast Asia region. Berry's cutting-edge solutions were noteworthy among these displays, designed to elevate usability and bolster administration safety. Additionally, the exhibit showed Berry's strides in next-gen digitalization for medical devices and primary packaging, alongside a strong emphasis on circular design principles.
  • July 2023: TPBI Public Company Limited, a prominent player in the packaging market with a global clientele spanning over four decades, unveiled the LifeHak Store by TPBI. This online platform has a range of packaging solutions from TPBI and its affiliates, catering to corporate entities and extending its offerings to individuals and small to medium enterprises (SMEs) interested in collaboration. The introduction of "LifeHak Store by TPBI" aligned with TPBI's overarching strategy of diversifying its sales channels, explicitly targeting the business-to-consumer (B2C) segment.

BOPP Film Market in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)